dissipated
🇺🇸
/ˈdɪsɪpeɪtɪd/
🇬🇧
/ˈdɪsɪpeɪtɪd/
Spending time and money on things that are not good for you, like too much partying or drinking.
After years of living a dissipated lifestyle, he realized the importance of saving money and investing in his future.